have been afflicted with more than the usual amount of uncertainty. One day I think we are going on down and the next day things change enough to make me think we may have hit a temporary bottom. The speed with which packers have been dropping their bids now has me just about convinced that the "Gap" will be closed by the packers continuing to drop their bids. I rode some covered short puts up and now it looks like I may be able to ride them back down.

No where is it written that trading hogs is easy but I continue to think it is one of the best futures to trade because of the data available from the USDA.

Best wishes,

dhm